Uzbekistan recorded a Current Account deficit of 7 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Uzbekistan averaged 1.43 percent from 1992 until 2018, reaching an all time high of 9.18 percent in 2006 and a record low of -7.98 percent in 1993.

Current Account to GDP in Uzbekistan is expected to be -7.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Uzbekistan Current Account to GDP is projected to trend around -2.90 percent in 2020, according to our econometric models.

Uzbekistan Current Account to GDP
Forecast Data Chart
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Uzbekistan Trade Last Previous Highest Lowest Unit
Balance of Trade -2808.00 -1144.60 2015.50 -3200.10 USD Million [+]
Current Account -3231.00 1429.00 2621.00 -3231.00 USD Million [+]
Current Account to GDP -7.00 2.80 9.18 -7.98 percent [+]
Exports 8437.60 4132.30 14322.70 1386.80 USD Million [+]
Imports 11245.60 5276.90 13946.90 795.80 USD Million [+]
Terrorism Index 0.04 0.08 4.20 0.00 [+]
Gold Reserves 327.83 354.90 367.00 327.83 Tonnes [+]
External Debt 17707670.00 16291214.00 17707670.00 59702.00 USD Thousand [+]
Crude Oil Production 41.00 41.00 118.00 38.81 BBL/D/1K [+]

Uzbekistan Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Uzbekistan Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Uzbekistan Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-7.00 2.80 9.18 -7.98 1992 - 2018 percent Yearly

Country Last Previous
Singapore 17.70 Dec/18
Netherlands 10.80 Dec/18
Switzerland 10.20 Dec/18
Saudi Arabia 9.20 Dec/18
Germany 7.30 Dec/18
Russia 7.00 Dec/18
South Korea 4.70 Dec/18
Japan 3.50 Dec/18
Euro Area 2.90 Dec/18
Italy 2.50 Dec/18
Spain 0.90 Dec/18
China 0.40 Dec/18
France -0.30 Dec/18
Brazil -0.77 Dec/18
Australia -1.50 Dec/18
Mexico -1.80 May/19
India -2.30 Dec/18
United States -2.40 Dec/18
Canada -2.60 Dec/18
Indonesia -3.00 Dec/18
Turkey -3.50 Dec/18
South Africa -3.60 Dec/18
United Kingdom -3.90 Dec/18
Argentina -5.40 Dec/18